Md. Code Regs. 13B.01.03.09

Current through Register Vol. 51, No. 21, October 18, 2024

Section 13B.01.03.09 - Effect of Classification

A. The Secretary may take any action regarding the institution that is permissible under Education Article, Annotated Code of Maryland, and this title for the Commission to take regarding a for-profit institution of higher education, after:

(1) The Secretary issues a determination of classification as a for-profit institution of higher education and no request for a hearing is received within 20 days;

(2) An institution has been determined to be a for-profit institution of higher education after a hearing arising from Regulation .08A(1) or (2) of this chapter; or

(3) The Secretary's determination of for-profit classification is upheld after a hearing arising from Regulation .08A(3) of this chapter.

B. An institution's nonprofit status shall be retained until the occurrence of one of the provisions of §A of this regulation.

C. Notwithstanding any corrective action, an institution's for-profit status shall be retained until the Secretary issues a determination classifying the institution as a nonprofit institution of higher education.

Md. Code Regs. 13B.01.03.09

Regulation .09 adopted effective 47:4 Md. R. 262, eff. 2/24/2020